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the endangered species t, it is not obeying the environment of national policy act. john: i assumed these people mean well, they are not evil. >> they mean well, but their priorities are all about the species and nothing about the individual landowners who are simply trying to earn a living on their land. this is an agency that has forgotten who they serve. they should be serving the people that live on the land as well. people and the animals can coexist and they can cooperate to do this, but when you have the heavy hand of the federal government threatening people of jail time and huge fines, if you don't do this, you will have all sorts of trouble. it creates disincentives because landowners do not want to help endangered species act if that is essentially going to be an economic death sentence for them. john: hence the phrase shoot, shovel, and shut up. >> that is the trifecta that happens on some land. some people do it legally, cutting down trees before they get old enough to be habitat for the woodpeckers. it is not good for the woodpecker, not good for the land, it is not good for the ec
the endangered species act, it is not obeying the environment of national policycy act. john: i assumed theseeople mean well, they are not evil. >> they mean well, but their priorities are all about the species and nothing about the individual landowners who are simply trying to earn a living on their land. this is an agency that has forgotten who they serve. they should be serving the people that live on the land as well. people and the animals can coexist and they can cooperate to do this, but when you have the heavy hand of the federal governme threatening people of jail time and hugeines, if you don't do this, you will have all sorts of trouble. it creates disincentives because landowners do not want to help endangered species act if that is essential going to be an economic death sentence for them. john: hence the phrase shoot, shovel, and shut up. >> that is the trifecta that happens on some land. some people do it legally, cuing down trees before they get old engh to be habitat for the woodpeckers. it is not goodor the woodpecker, not good for the land, it is not good for the eco
violence. all of your efforts. this started. eleven have always. some kind of environment. this case. many of them -- >> okay. first question, yes. a lot did actually have a lot of spin-off benefits. that is a lemon scent. because these laws were passed and there was such a nationwide applaud that the government began -- the parliament became open to the other laws. there we took the other laws that got past because of this one. and also, the issue is so tabooed, even the sexual assault and rape, and these issues are also so tabooed that now people are starting to even the president and prime master and the speeches of the anti sexual-harassment law. okay. now the world is getting very popular. so now it is almost creating a space where even in cestus coming out of the space. so rather than saying incest was it would not to run television a lot of sexual violence and sexual assault and rape is also coming, which is heated. fine. other terms. for example, rape, we do not have that yet. but we are coming close. when is that the case of the new york. we had it outside the un system. this big
environment that will make people want to work here. >> reporter: despite the competition, many of the visitors from japan became interested in coming to brazil. >> translator: the more i learn, the harder it seems to do business here. but i think brazil has huge potential as a market. >> reporter: the competition for labor is starting to spread into more and more rural areas in brazil. but that's unlikely to discourage japanese companies from investing in this rapidly expanding economy. nhk world. >>> let's now get another check of the market figures. >>> crews at the damaged fukushima daiichi nuclear plant in japan have started work on a project to stop highly contaminated water from escaping into the environment. tokyo electric power company workers discovered three of seven underground storage pools are leaking. tepco officials believe pools one and two may be leaking the most. so they're placing priority on draining them. on tuesday, workers started transferring about 20 tons of water per hour from pool two to an above ground tank more than 400 meters away. officials say th
in what we think is going to be an okay earnings environment, but a challenging revenue environment. not every balance sheet is going to execute equally in this environment. you've got some opportunities for -- >> what it means is the fed is going to stay the course on quantitative easing, basically. >> i think that is very clear. >> greg, tell us about this new study you're out with today. >> we found three in four americans say they are not more inclined to invest in the stock market now given the fact that interest rates are at record lows and the stock market's recently hit highs. that's the same as we found a year ago. now, a year ago, you know, in the past year interest rates have come down further. the market's gone up more. yet people are not swaying. >> what's their big fear? that they've missed it already? they're afraid it's too high? they're going to pick moment? is there too many risk? what's the big fear? >> some of each. quite frankly the memories of 2008 are very fresh. a lot of people, 2008 wasn't the first time they'd been burned. they got burned in the tech bust.
plant have started a project to stop highly contaminated water from escaping into the environment. workers discovered 3 of 7 storage pools are leaking. tepco officials believe that pools one and two are leaking the most. workers started transfers about 20 tons of water her hour to an aboveground tang nearly 40 meters away. they plan to step up monitoring to make sure no water escapes during transfer. they want to remove 220 tons of contaminated water by june. the pools will continue to lane during the operation. crews will pump any contaminated water they take back into the pool. the amount of contaminated water is increasing by about 400 tons per day. they will no longer use the underground storage pools. they're working on a way to decontaminate the water. currently only two of the operators are online and generating power. >>> a group of citizens have been waging a legal battle to shut those down, but judges said there was not enough evidence. >> the plaintiffs in this case hoped for a legal victory. now they're coming to terms with their loss. >> the court decision is really r
an encreasing challenge to america's military. this is the environment that is facing the department of defense as it enters a third year of flat or declining budgets. the onset of these constraints has led to belt tightening in military modernization, force structure, personnel costs and overhead expenditures. it has given us the opportunity to reshape the military and reform defense institutions to better reflect 21st century realities. the process began under the leadership of secretary gates. secretary gates curtailed more than 30 modernization programs and trimmed overhead costs within the military services and across the defense enterprise. the realignment continued secretary panetta who crafted new strategic guidance in an f.y. 2013 defense budget plan which reduced the department's top line by $487 billion over the course of a decade. the president's request of $526.6 billion for fy 2014 continues to implement the president's defense strategic guidance and enhances the department's efforts at institutional reform. most critically, it sustains the quality of the all-volunteer force and t
the chief of production goals from unconventional shell plays, i think the environment going forward has never looked brighter for u.s. infrastructure. >> i think et was yesterday someone said nat gas is the new safe haven, suddenly this is start to go look a little more price afforded. any view on that? >> i think that dmodty prices, a broader view, i think that peak energy, we believe in just the opposite at yorkville. we think energy prices will probably be the growth driver of the global economy. it has a lot of implications. it's very good for the u.s. and our consumers. it's very good for china. >> you say peak energy in terms of we're going to see declines -- >> i think we're going to see stability. the new energy supplies coming online are more expensive to extract from the ground, so you're not going to get back to $20 a barrel oil in our lifetime. but this $80 to $11 is 00, peaking at $120 dropping to $60 is probably a new range in the u.s. i see natural gas, it's at 350 right now, roughly, $4 to $6 range, $16 in japan, mid teen prices in germany. that's giving us a competitive
in the after-hours, if people are short-covering they're doing it obviously in a more difficult environment. david: who would have guessed it was in double digits less than a year ago it is trading over 200. it hasn't traded over 200 a share since september 14th, 2011. this is long way coming. liz: long way to go. david: have you been to the airport recently? you go to the airport all the time. you go home to the airport to get back to new jersey. airport delays as faa furloughs begin to kick in. liz: rich edson at the airport. what are you hearing overall about the situation, rich? overall we got hundreds of delays yesterday. airline association says we could see up to a few thousand delays because of this when you look at this, go around the country, there are delays in charlotte, there are delays elsewhere. faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured by the faa to inflict what they say is maxim
different country, we are living in a very different environment where it is no longer patriotism and love and family, it is not terrorists and hate. we have toounderstand that. we have to say we are in fact committed to our liberties and freedom, but you know, the people also deserve to be safe in their neighborhoods and homes. melissa: you think we have to figure out what to do from here, how to live differently, what should have been the indifferently for something like this not happen? >> we have many students in boston. they get here on a student visa from countries all across the world and we are happy about that but once they get here they don't return. many of them don't return and they stay here for 6 years, they marry and become permanent citizens and we don't know if these two young men from chechnya, i know what that places like. i have seen violence in belfast and all these places where i have been, as a diplomat and an ambassador. the other thing is i always -- at the marathon and walking up the street and saw hundreds and hundreds of young people walking around with backpack
. they are mostly used in environments for the environment, whether it be the sand in the desert or the jungle, it would interfere with the explosive. that has been traditionally their use. that being said, these things are easy to find, easy to make. i don't have to tell you, you can look up on the internet and see the step by step instructions out to do that. and matter of assembling the various ingredients you would do to put it together. that to expand on what he was saying, they are getting a lot of evidence how the bomb was made but they don't have a lot of evidence about who did this or why. the actual evidence that would lead to the person or persons involved. >> this suggests a slightly higher level of them what was first thought yesterday and if so, does that narrow down the net of potential suspects? >> it does. the black powder, the acetone, peroxide, you don't want to let it get went. absolutely right. you want to protect the explosives, the detonator. when this bomb went off, talked to a couple of people and their first reaction was what is happening to people coming back from af
police department in the world, something i'm very proud of. but it's a complex environment. 8.4 million people. we wanted to know more about the neighborhoods that we were policing. that's the report that we did. the so-called demographics unit since change theed name, but that's what you're reporting about. it was never put in place to generate leads. it was put in place for us to have contextual information. people will say you have people not generating leads. but we generate leads in other ways, but not from that particular unit. >> how important is it it to have the cooperation of the muslim community? because one thing i'm struck by, it is citizens who report things. so the time square bomber, the police was a block away but it was a local vender who tips you off. in this case, it it appears that this guy who got his legs blown off said i want to tell you something. i saw this guy dropping a bag off. so is it important to have a cooperative relationship between a police department and these communities that you're looking at? >> sure. and we have a strong working relationship with
in the environment were almost all other schools are not unionized. the other charters that they compete for kids with. it is very different with a traditional public school environment with a monopoly. you could have one of 10 unionize the competing with the nine others it is a differing union in this scenario with the traditional schools. gerri: as this plays out of lot of people out there think the only thing that will happen is that the charter schools will gain more momentum at the end of the day the parents makes the decision. what happens? >> also statewide voucher laws that i new voucher just passed in alabama major cities as voucher programs like milwaukee and cleveland and washington d.c. it is exploding across the country as school choice. not just charter schools but i have actually forgot in your question. [laughter] the that is about the only form of school choice right now is. gerri: the unions want of a piece of the prize. >> but then looked at michigan who went right to work also indiana also wisconsin. gerri: the only area that aside union growth was public-sector because privat
-- scare people, but what you should do in this environment is don't get distracted from there, don't go for fear. >> ross, if what you're saying suggests, perhaps, gold still is a safe haven, why do you think so? >> let me qualify that. it's an imperfect safe haven. it's an imperfect safe haven, particularly in the short run. >> against what? >> against financial meltdown or inflation or politicians not doing what they should do, in that case. so it's an insurance plan, if you like. >> is the reason we have this down move is because people are now -- is the gold pricing in the fact we're not going to get more qe out of -- >> it may be. and it's part of the story dwr the shorts have hit gold is not because of what has happened, but because of what hasn't happened. we haven't had hyper inflation. we didn't have the euro collapse. certain things didn't happen. i think that would have aggravated the gold market. fundamentally, it still remains in the short-term a long haven and imperfect. >> if nvs the kind of move, you know, that indicated that if gold were going to respond to more quantit
back to what is a normalized environment. what does that even mean? i can't value it. i don't know how to value. >> i think it's interesting, the mainstream press. the front page of the washington post is the spring swoon and how we cannot seem to escape this economic decline and we've seen the past couple of springs and the front page of the journal is walmart and kohl's taking more time to pay their supplier, a trend they say is getting worse. those are not marginal positives, jim. i look at bank of america. i look at j.p. morgan and i say i'll pay 83.5 for 50,000 j & j. the trade is i don't want to mess with the stuff. proctor, look, he's making the quarter. he's going to make the quarter. >> raw costs coming down and coca-cola, by the way. raw costs are coming down, but they will come down. another one that is just where people are hiding. david, it's hide and don't seek. >> it is, but to carl's point, we've come out of the last few years and animal spirits start to feel strong. >> right. underlying economic growth is strong and everyone is revising up their gdp numbers up to three
our green is universal with green beer. we mean beer production that goes easy on the environment. it's an interesting story and iex breaking right here squawk this morning. miller coor's is reporting that its famous golden colorado brewery, the largest single site brewery on the planet is now weeks away from becoming a zero waste site. what does that moon exactly? more than 99% of brewery waste, glass, plastic, even spent grain gets reused or recycled. interesting story behind this initiative, the idea came from a long time employee, a shop floor technician there with the initial plan to get the company's major breweries to zero waste. for much more on earth week and this story and others, check out green.cnbc.com. kind of an interesting feel good -- and it has to do with beer and drinking. >> i didn't know this. jane wells and tom rotuna on the on assignment desk are doing this whole thing called brew and chew. >> i read about this, too. it's going the be online. >> on cnbc.com. it's all about beer news, food news. jane wells, i saw her in california two weeks ago. she said she prom
store and there are issues i have about consumer protection in that environment. while i appreciate, it is a concept that could work, we need strategies that are going to take into consideration varying factors and that the goal here, and in addition to being able to be in the black, is that, you have a public service and we have to serve these con at this time cents. i would really encourage you with your leadership on the board of governors to really think about ways that are going to be unique, more than just flexibility to get there. that you're looking at quality, connectivity, those relationships, the rural fabric in these states, related to the post office. when i was in inaing the postal service was a very effective partner in receiving those constituents, thank you. i yield back. >> thank you. and recognize the gentleman from mr. georgia. >> thank you, mr. chairman. just in listening and writing down notes, we went all over the map from the importance of postal service. i don't think anybody will detract from that. we talked before. you been in committees before. i serve an
and the potential for further government spending cuts and the regulatory environment. >>> and listen up, everybody.it looks like fed chairman ben bernanke, he's going to to the annual jackson hole symposium this week. it may not sound like a big deal, but this is the first time he's marked that event since 2006. reuters quote the spokes woman who says bernanke is not planning on attending because of a personal scheduling conarthritic. they've used this forum to try ask preview important fed actions. just about every big move they've made along the way he has made public at jackson hole. people have been wondering if he was going to talk about a potential successor this time around. >> can i give you a conspiracy theory? if this is -- this is like your place. if you run the fed, you go to this thing, right? and if this was going to be the last time you could go as the fed chairman, if you thought that he was going to be stepping down next fall or next spring, rather, you probably would find a way to show up. >> actually, i look ate more as him having not made up his mind yet. if you haven't decide
advertisers into an environment with twitter to really understand the social tv space. melissa: what does that mean in english for people that do not understand advertising? >> went to third audience are sitting next to their smart phone and tablet and watching tv. there are conversations happening. their customers include coca-cola, procter and gamble, all of the big names that are out there. they will be able to go on twitter and mine what consumers are talking about. what shows they are watching. it seems like you can collect data. it is endless. >> absolutely. how do we mind these opportunities whether it is direct to understand the conversation. we can make sure that our brands are more fully embedded and engaging. melissa: i am an avid twitter user. it is easy, clean, straightforward. there is not a lot of clutter. what is an add on twitter going to look like and will it ruin the experience? >> i think it will look very different tomorrow than it does today. you want to create advertising that is even more relevant. you wanted to be more engaging. melissa: it is not the difference b
that the environment worldwide is just too hard to deliver the dough. jimmy in california. jimmy! >> boo-yah, cramer, how are you? >> real good, partner. how are you? >> caller: real good, thanks. in light of the tragedies in texas, with the pullback in fertilizer stocks and the biggest corn crop since '36, what do you think about rnf with a 9% dividend or are you still sticking with seeya? >> we bought thought that was a really good idea. it's funny it hit your radar screen and my radar screen. i think that rentech is a good, good idea. it's just funny, because i was thinking about doing that on the show next week. let's go to chris in california, chris? >> caller: hey, jim, i love your show. i have a question regarding ebay. the earnings were yesterday. is this a overreaction and where do we go from here? >> i thought it was an overreaction, but there'll probably be a second day of overreaction, because people were so stunned that they actually talked about a bit of a slowdown in europe. i think the important takeaway is they reiterated and reaffirmed their growth, which is amazing. i want to buy
in a diversionary environment? >> obviously the world is very dynamic. we have the report from china that their growth was not as robust as expected. economic act two that he is not quite as robust to support this type of equity market. there are concerns that confidence is fading on the u.s. federal reserve monetary policy as well. >> i think that is part of it. i think what you observe in a marketplace is at the asian market is still very interested in gold. they are very active in this cold environment. earlier this year, the indians were a little bit challenged. this clearly opened up the window for them. lori: let's talk about some of these gold mining stocks. a lot of people were concerned about the gold mining companies. getting back to your discussion with me on production costs versus -- do you think they are on a more bullish trajectory? >> i think we are getting a realignment that is a positive for the industry. lori: would you put new money into shares? >> not a position for us. lori: i appreciate your take. thank you. melissa: will the deadly boston terror attack change
something. about being aware of your environment. if it looks unusual. tell something abit. a -- about it. >> best advice. don't let them affect your life. go back and live your life. >> live your life. when you compromise how you live that gives them a victory. as painful as it is to day. you can't let them succeed by us changing the norm and how we live. can't let them win. no victories. >> i think the last point is so important. you can't let them win. can't say i will not go to the ball game because of what if? that's what they want. >> that's what they want. they want you to stay home and watch this coverage and be too scared to do anything. you have to go out and live your life. important clues, for as chaotic as that look. there are important clues of behind the -- >> the injured. if anybody has hand injuries. some one could be using bomb make mag terl and residue on their hants. >> this shrapnel and things that could have come from the device itself. >> that's right. and pierre thomas is reporting what they want to see is how was it detonated, remotely detona detonated, with a cel
or reusable bags. >> it's good for the environment. we don't have the waste in the landfills and it's also harmful to animals. >> they're messy, people throw them everywhere. they plug stuff up and i would like it to be a little cleaner for my grandchildren as they grow up. >> reporter: according to the san mateo health system, most end up as litter or in landfills. the new law will not completely eliminate plastic bags because some grocery stores may give them out for produce. if you forget to bring a bag, the store might charge you. >> people who are already charging you, they charge you for everything in the world. i think it's a cost that's not necessary. >> if i forget one at home, i am gladly going to pay the 10- cents. >> reporter: as a reminder you might want to put that reusable bag in your front seat that way you don't have to pay the extra money. i'm paul chambers, ktvu channel 2 news. >>> unincorporated areas of santa cruz county are toughening the ban on plastic bags tomorrow for earth day. the city of santa cruz exempted restaurants on the ban which began april 10th. >>> just
that only becomes more true in these environments. think about, this isn't islamabad coming online. think about what that does for education, for health. think about 5 billion new witnesses that can document atrocities that are being committed. of course there are challenges but there is a lot of good news ahead of us. >> everybody's empowered. you do a google search when you go to a doctor and instead of sitting there where the doctor is playing god -- >> has all the info -- >> you have as much info as you want going in there and a lot of doctors hate that. you can say wait a second, isn't there a possibility if you do that, this is -- we are empowered in every way from powered by a car and how we're taken care of and also democratically. i had had a political science professor who told me back in the '80s the soviets were mar for worried about a xerox machine than a cruise missile in west germany and she was right. >> the empowerment of information of people is really the way to solve almost every problem. when we went to north korea our idea was that if we could just get a little bit o
a temporary file restriction over a section of the boston area to provide a safer environment for law enforcement activities. logan airport remains open under heightened security. most flights departing and arriving on schedule. greyhound bus service has been suspended. dagen: thank you so much. it is not just boston. this will be felt in the northeast. thank you so much. connell: a briefing any moment from local authorities. you will see it live. you will keep you up-to-date as we have been on what is happening in the markets throughout the day. mike baker joins us on the telephone right now. former cia covert operations officer and president these days of his own intelligence firm that he is a part of. one suspected terrorists has been killed. another is still at large just outside of the big american city. what stands out to you? >> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional a
there is almost a divorce on how earnings and economies grow. connell: how does that environment sustain itself? >> is it sustainable in the long run, no. that means over a ten year cycle. i am focused over the next year or two years. earnings can continue to grow because we see 20% of s&p 500 companies hoarding. only 45% have beat revenues. i think that we could be in a period of time where we have a divergence in the markets between those that are doing really well and those that are not doing really well at all. you could get a lot of disparities. connell: brian jacobson, wells fargo, thank you very much. appreciate it. >> thank you. dagen: rilling knowing about it through minor. connell: at&t versus google. we will tell you why. we will keep an eye on the market. a big day today. oil is down. we will be back with much more on market now. ♪ ♪ ♪ [ male announcer ] help brazil reduce its ovell reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the challenge, "it's never been done before" simply bemes consider it solved.
money printing. in those environments, gold does very well. you have the goldman sachs downgrade. you have people picking sides. then you have the slowing chinese debt. i think that really hits the market all at once. that led to margins being that and they continue to tumble downwards. dagen: talk about the difference you are seeing in behavior. are you seeing any selling among those physical gold owners? >> not as dramatic of a difference. we are a precious metals platform. on friday and monday, we had four to five times as many body and sell orders. we have done our own research. i think that plays into my point. it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelated. t
environment. so we think they have got a number of positive stimuli going forward. probably a cheap as pe that emc has had for several years. lori: gene, make us some money here if you would. really interesting defensive stocks really led this rally. what do you think if we're coming down now? >> well, you know, leadership has been in a lot of different areas, and not just year-to-date but over the last year-and-a-half. david: forgive me, guys, i have got to break in here. we have american express express earnings. dennis, what are the numbers? >> yes the numbers beat the street on earnings but fall below revenue. street wanted 8.03 billion. earnings per share, american express, 1.15 a share. street was thinking $1.12. that is a beat. quarterlyly dividend for amex raised 15%. the company will spend $3.2 billion extra this year on stock buybacks before year-end and another one billion dollars in the first quarter of 2014. stock buybacks support a stock price. can't tell, looks like amex might head down. wall street hate as miss even though earnings beat. lori: todd horowitz, earnings seaso
, right? the world trade center attacks. this area knows this environment, this modern terrorist really well.l. what is -- modern terrorism ter really well. what is going on in the markets transcend what's is going on globally for a couple of reasons. we've had this unprecedentedcede move to the outside. uncharted territory for the major averages. that has to cool off, right. china growth slowing and gold rocketing so much so soon for so long that things are starting to taper off a little bit. b that's what we saw yesterdayrday before the bombings which did intensify the fear out there. >> lauren thanks as always. see you tomorrow.tomo >> all right.>> a >> thank you very much. a powerful earthquake has hit h iran today. wisdom martin is back with more on the top stories makingng headlines this morning. good morning, wisdom.dom. >> good morning, tony. this say really bad situation. officials in iran say the number of dead could run into the hundreds. the earthquake struck near iran's border with pakistan andd so far at least 40 people aree dead. the 7.8 quake is the strongesttr to hit th
slices so everybody can eat. you need to get more pizza. in order to do that you need an environment good for business. and i think they have all lost sight of that. it's not about taxes, redistribution. >> are you looking for a quick fix? >> there's no quick fix to this. there's a very difficult fix to this and things if both sides will have to do that are uncomfortable in the short run. lying about it isn't going to make it better. by saying social security, medicare, medicaid aren't in trouble, is not going to make it better. >> working so well. >> despicable. >> bob, thank you for coming in today. >> thank you. >> j.j., rick, see you soon. thank you. >> always a pleasure. >> our guest host will be with us the rest of the show. >> very excited this morning. >> tell us what you really think. coming up, more on goldman sack's earnings report. beating the streets expectations by 40%. up next, reaction from financial sector analysts. the one and only dick bove. ♪ ♪ the new blackberry z10 with time shift and blackberry balance. built to keep you moving. see it in action at blackberry.co
. as of today this report will hopefully put into focus some of the actions taken in the post 9/11 environment. there are some key questions we wanted to address this morning. one, did the treatment of suspected terrorists and u.s. custody rise to the left of torture? second how did this happen and what can we learn from this to make better decisions to the future. we found the u.s. personnel in many instances used interrogation techniques on detainee's that constitute torture. american personnel conducted an even larger number of interrogations' with kroll and humane degrading treatment. both categories of actions violate u.s. law and international treaty obligations this conclusion is and based upon our own personal impressions, but rather grounded in a thorough and detailed examination of what constitutes the torture from a historical and legal context. we looked at court cases and determined that the treatment of detainees and many instances met the standards. the courts have determined constituting torture. but you look at the united states state department and its annual country reports
whether these were small bits of metal placed there intentionally or part of the environment. >> reporter: shrapnel is just one of the clues investigators will be looking at. >> there are fragments everywhere, there are fragments everywhere, there are fragments within the victims. fragments in the sidewalk. what they're going to be able to do is probably reconstruct the timer device, what was used, they're going to look at the components of the bomb, able to tell them is this just somebody that put this together over the internet or is this a bomb maker? >> reporter: hundreds of state and federal investigators have descended on boston to try to find out who could have built the bombs and set them off. >> there are federal, state and local law enforcement all on scene and coordinating very close ly. the fbi has taken charge of the investigation. >> reporter: this type of attack has long been law enforcement's worst fear, a soft target where suspects can easily blend in and inflict mass casualties. the boston marathon is a heavily policed event. more than 500 national guard troops were on s
the internet, either at home or at the office or in the retail environment. so we're orienting everything we're doing at ebay, ebay, inc., to help consumers have a seamless shopping experience. >> john, last question i have, if there's one danger that i see particularly for paypal, it is scrappy competitors coming up, what you talked about last time you and i talked, braintree, et cetera, that have gotten some of the hot mobile retail start-ups under their wing. what's the major ting that ebay has to do to get the next fab, the next uber, for instance, under the paypal wing? >> well, there's going to be a lot of innovation in mobile payments and in this whole space because there's so much change. weened that. we actually respect and like that. we made several acquisitions. but we're innovating aggressively as well. we just launched our new mobile software library at south by southwest and actually companies like uber, companies like fab are using paypal and integrating paypal because paypal brings 120 million active consumers. paypal brings a network of capability that is strong. and so ther
of that traffic. .t causes obviously delays it has an adverse impact on the environment as well. is to expand the american plaza, but also pursue span.bridges fan -- new yorket in buffalo, we southern ontario are -- need capacity. w want emphasize that we are trying to remove barriers to access, both physical and in tolls. when you look at the situation with the peace bridge, a lot of tolls are being used to support expansion of the plaza to promote traffic between the united states and canada. this is something that would be of concern. my sense is that it would be a new agency imposed toll compared to the ones that are already in place. help iniate all of your helping us address the issues and the peace bridge connecting buffalo and southern ontario in particular. i yield that. >> thank you. i turned to the gentleman from utah. thank youecretary, for your services. this is probably a long hearing. you do not know the line of questioning, so it requires you to be an expert on everything. things i would like to ask you quickly if i could. >> sure. >> as a former air force pilot, uncomfortabl
of the larger faith community. >> the political environment is a lot different than in 2007 the last time congress took up an effort to overhaul the nation's immigration laws. right now we have evangelical leaders who have signed on and said, look, there's a religious imperative to embrace the stranger and to reach out and help people who are in our community. on the republican side, you have what they call a coalition of bibles, badges and business. you have faith leaders. you also have law enforcement leaders, attorney general from the states. and other sheriffs. and business leaders who are saying, look, our system is broken. its time to fix the system. on the republican side they're getting pressure from some of these core constituents to come up with a solution. >> ifill: is it fair to say after seeing his kind of tour de force on the sunday talk shows yesterday that senator marco rubio, the florida republican, is the face of this? or are there other... is there other agitation going on especially over in the house? >> marco rubio is seen as essential to presenting this bill to conse
support some measures that he's undertaken. for example he's been a little bit good on the environment where i think the latin left has been traditionally quite weak. >> i think he's incomparable. i don't think there's another leader like him or has pen in a long time. his charisma was off the charts. that's not necessarily a bad thing. the left has to learn how to administer. in terms of the 20th century of latin american history maybe juan perone or a few leaders here and there but i think chavez was really one of a kind. >> i'd rather we not have either a fidel or a chavez in the future. i think we're beyond that. what's interesting, for example, about someone like lula who was charismatic and successful and everything he has tended to fade away. he apparently is not running for his third term. a couple years from now. >> he's also ill. his successor is not doing a bad job. little by little what we're getting over in latin america and it's a good thing is this charismatic leaders some of whom are more successful and more attractive than others. one can like. one can dislike. those a
and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive. >> you have to admit, we've had a very good first quarter, 10% gains for most of the averages, 15% at the most extreme. aren't we due for a correction of some kind? >> well, we could absolutely have a pause here and a small correction wouldn't be off the realm, but without a big downturn in data or a big change in monetary policy expectations, i think it will be relative tame. >> what have you thought of the earnings so far this season? >> they've been modestly disappointing. we got some news today about corporate business jet appetite that was a little bit disappointing. but then look at the fed beige book report today, where they saw their seeing slightly impr
to bring a little kin to the environment. here's some of what you said. r.d. copeland tweeted us, i build raw bale and ear plasr homes. can you explain what that means? >> he's got two brothers. >> i was thinking the same thing. >> we applaud him for what he's doing. >> i bet it smells goodtoo. >> another one. lindsay says her forite way to save the planet,sing cloth apers an wipes. >> i heard about that when i had my daughter. >> and then what happened? >> i think i tried it for, like, two days. >> you have to watch them. i thought the smell, and the sink is full of you know what. >> why do you hate the environment? >> willie! >> giada knows being green is a ar round deal. she's been working with ks in an elementary school in l.a. to plant a gardennd grow their own food. >> that's terrific. >> how did this come about? >> what i did in partnership with my agency is that we adopted the school i compton, californ. it's foster elementa, and there's a lot of actual kids who are foster kids in the school. what i really wanted to do tru was just allow them to have a pleasant, fun, educational e
with our reduced output so the faith is still there, that it's well run in a bad macro economic environment which comes back to mcdonald's which you have a note out today from sus can dehanna which says it is executing across the world and it is stable in its market share or gaining and it is against it. that seems to be the major theme. >> another theme that's sort of emerged in these big companies, citigroup, as well is the strength of the latin american consumer and the latin american corporation. caterpillar noting that lshg, even though china continues to be weak and there seems to be a shift from asia pacific to latin america coming from these multinationals. >> resuming the buyback does not hurt by the end of the year. it had approved for a while in '07. >> and that might be taking some of the sting out of this today. >> when we come back, yet another price target cut for apple ahead of its earnings and this time from bmo. colin gilles over at bgc is upgrading the stock this morning. which one is right? we'll hear from both analysts this morning. the dow coming off its worst week sin
is looking for right now. remember, the stocks that are consistently working this environment belong to companies that benefit from moderating commodity costs and can continue to raise or at least maintain prices on their customers. meanwhile, the company is doing very well. kimberly-clark just reported on friday and delivered a 3 cent earnings beat on $1.33 basis courtesy of solid organic sales, terrific growth and improving margins. plus the company also raises guidance for the full year and on top of that, kimberly-clark pays a healthy dividend which yields, and they have been a serial increase. can this stock keep outperforming like it's been doing despite the fact that many analysts don't think it can? let's talk to tom faulk chairman and ceo to hear more about the quarter and what comes next. mr. faulk, welcome to "mad money." >> boo-yah, jim. how is it going? >> going really well. thank you, tom. great to have you on the show. >> jim, let me tell you. your set has never looked better. you've got the finest products in the world there. and we hope you love the "mad money" kleen
're going to slow down the purchases but you're still easy. and that environment has a long tail to it, which should produce cash flow in the u.s. economy, 5% or better. >> so why isn't the public playing this market? why are they not in this market? >> the most recent memory in all of their heads, every single macro event risk they've all seen, whether it's the situation in europe or closer to home, the financial crisis, and that's going to last for quite a long period of time, especially since the household itself, the liability shelf, is still there and it's still in repair. >> and if anything that prolongs that rally, right? >> no question about it. that's the misguided notion out there, which is, you want to not all rush in there at once, but the reality is, no, that's where you get multiples go up to 18, 19 times and get the boom bust. the first move is cash to equities, not fixed income to equities. that second move is fixed income flows to equities, when the economy really gets above 3%. >> what are you going to buy here? >> well, we like almost everything in equities. our favo
... and harm wildlife. and millions... are polluting our environment. [ sniffing ] [ seagulls squawking ] for us today. and we're going to leave you remembering the victims of the boston ma thon bombings. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org ,,,,,,,,,,
on the environment and wildlife. let's look at where the ban applies. these include grocery stores, convenience stores, pharmacies as well as other shops. the ban does not include restaurants food takeouts or bags used for produce, meat, bulk foods d prescription meds. we want to make note, if you don't have that reusable bag handy starting today here in those san mateo county cities, you will have to pay 10 cents for a paper bag and that fee is going up in 2015. it will go up to 25 cents per paper bag. so it's a good investment to make right now. live in menlo park, cate caugiran, kpix 5. >> by the end of the year, at least 17 cities in san mateo county will have implemented that plastic bag ban. >>> new this morning, it turns out a new waterfront development deal in oakland requires a substantial down payment from taxpayers. our own phil matier reports that to help swing the deal with chinese backing, oakland has agreed to spend about $25 million in unused redevelopment money. that money would be used to buy two parcels of land from the signature development group. >>> later today oakland sch
a weaker or softish commodity environment will drive that even further and higher. >> when i see you, the one commodity which is oil, give me your take here and correct me if i'm wrong, but you've always been a big bull. >> yeah. reality is oil. we just don't have a lot of new sources for it and you really have to take the world and slam it to almost zero growth before that would really undermine the supply/demand picture for oil. oil production grows about a million, a million and a half barrels a year and demand grows about that amount and the cost structure to bring that on is now $80 to $90 a barrel and i can't say this doomsday scenario that people say the oil markets will be prone to, and if it fits in the broader picture that the global economy is doing fine, you will see oil bottoming here in the next $5, $6 a barrel and probably making close to a new high by the end of the year. so everybody understands why that's a positive, but there are some who want to read both the decline in crude and gold as, all right, we're not going to have inflation and we're also not going to hav
environment and have been a part since iceland was -- [inaudible] >> taking step back and looking for a broadly two things i've been talking about climate change and fishing. has global environmental change been benefit to iceland's fishery or a detriment? >> well, it's very difficult to an that question, indeed it's one of the big issues -- a number of decades because it has tradition nayly been the key part of the export driven fishing circle. of course the species as well. some people are arguing cue to the -- [inaudible] so one of the reasons why there is a need for more active arctic corporation is in fact to study what is happen together fishery in the ocean of the world including the arctic and the ice melt. and i found it interesting when i invited them to iceland a few years ago, he is, as you might know, a special envoy of the president of france on arctic and polar issues. his argument was that the first dispute that would unearth nationings to a new situation in the arctic would be dispute over fisheries. that the meting of the arctic sea ice and the transmore fashion
that will come with this legislation. retailers have been operating in an environment where they have not been required to collect and remitt sales taxes for states where they do not have a physical presence. this legislation would change that almost in an instant. before we enact a new sales tax system we need to take into accounts the costs that will impose on businesses of all sizes and the difficulties those -- these companies will face as they adapt to the new regime. for example, there is the issue of vendor compensation. the streamlined sales and use tax agreement currently includes a provision giving states the opportunity to voluntarily compensate remote sellers -- quote -- "as a measure of good faith"-- unquote for registering to voluntarily collect and remit sales taxes into states where the seller has no physical presence. this is included in the agreement because under current law remote sellers are generally not required to collect and remit the sales tax and they incur a cost when doing so. the marketplace fairness act does not include any provision for compensation of remote se
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